Project Managers evolve in their profession. They start out as novices, gain experience, get certified, and continue with projects. However, in this evolutionary process, a missing link has been found. It is rather embarrassing, actually, that it hadn’t been discovered before. At first, it was thought to be a different species, but after much evidence, the truth was starring us in the face. The missing link to the PM’s professional evolution is business analysis training and certification.
PM’s spend a lot of time working with managers to identify and address business problems. Key activities include collecting, analyzing, and selecting requirements for a project as well as validating the requirements against the deliverables. All these activities are the bread and butter of a business analyst.
Like project management, business analysis has been formalized with the help of the IIBA (International Institute of Business Analysis). It was established in 2003 and has BA certifications: the entry level CCBA and the advanced level CBAP. Like PMI, it developed its Business Analysis Book of Knowledge (BABOK).
The takeaway is the PM’s will benefit greatly from formal business analysis training, and the industry will begin to expect certification. PMI has recently realized this and has a BA certification in the pilot stage called the Professional in Business Analyst, PBA. With the backing of PMI and its worldwide resources, this certification is headed for success. It will transform project management by morphing PM’s and BA’s into a hybrid species, whose name is still unknown. For a PMP to get a PBA certification will soon be a given. Keep posted for further developments...